Yum! Brands Reports Q2 2024 Earnings: Revenues Rise, but Same-Store Sales Decline
Tuesday, 6 August 2024, 12:08
Yum! Brands Q2 2024 Earnings Overview
Yum! Brands, Inc. (NYSE: YUM) has released its earnings results for the second quarter of 2024. Below are the key metrics from the report:
Key Metrics
- Total Revenues: Increased 4% year-over-year to $1.76 billion.
- Worldwide Same-Store Sales: Experienced a decline of 1%.
- Net Income: Decreased 12% to $367 million, or $1.28 per share.
- Adjusted EPS: Fell 4% to $1.35.
In conclusion, while Yum! Brands demonstrated growth in revenues, the decline in same-store sales and net income presents challenges that the company must address moving forward.
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